Supplementary Contract definition

Supplementary Contract means the terms and conditions set out in any supplementary contract or rider to the Basic Policy in relation to benefits supplemental to your Basic Policy benefits.
Supplementary Contract means this contract of Insurance and is attached to the Base plan. In case of any conflicting provisions between the two, the Supplementary Contract shall prevail.
Supplementary Contract means any contract to effect a settlement or payment option under a life insurance policy or annuity contract, including any retained asset account operated under the name "Alliance Account" established in connection with benefits paid under an individual or group life insurance policy and any Living Needs Benefit in which the policyholder, or, in certain cases, the group certificate holder, has elected to receive periodic payments in full or partial settlement of its rights under the policy. Supplementary Contract shall not include (i) any retained asset account operated under the name "Heritage Account" established in connection with the payment of benefits under an individual or group life insurance policy; (ii) any Living Needs Benefit to the extent that the policyholder or the group certificate holder has elected to receive a lump-sum distribution in full or partial settlement of their rights under the policy; or (iii) any payment of a matured annuity under an annuity contract.

Examples of Supplementary Contract in a sentence

  • In case of conflicting provisions between the two, the Supplementary Contract shall prevail.

  • Unless otherwise provided, a Supplementary Contract earns no Cash Value and does not share in our surplus earnings.

  • A Supplementary Contract is validly attached to this Policy if its product or code name and form number appear on the Policy Information Page or is subsequently added by relevant endorsement.

  • The provisions of the Basic Policy to which any Supplementary Contract is attached shall apply to the latter unless specified otherwise.

  • The Company reserves the right to recover from the Policyholder or the beneficiary or other persons as appropriate the amount of payments made in excess of the premiums to be refunded under the relevant Supplementary Contract voided in accordance with this provision.


More Definitions of Supplementary Contract

Supplementary Contract means a supplementary agreement to the Policy which sets out the terms and conditions of the optional supplementary benefits selected by you excluding a Unit Deducting Supplementary Contract.
Supplementary Contract means a written agreement between C&W and the Supplier used to replace the standard terms and conditions of purchase set out in this document and/or enhance the specification of the Goods and/or Services.
Supplementary Contract means the agreement concluded between the Authority and the Prime Contractor as detailed in Schedules 1, 2 and 3;
Supplementary Contract. ’ means any contract to effect a settlement or payment option under a life insurance policy or annuity contract, including any retained asset account operated under the name ‘‘Alliance Account'' established in connection with benefits paid under an individual or group life insurance policy and any Living Needs Benefit in which the policyholder, or, in certain cases, the group certificate holder, has elected to receive periodic payments in full or partial settlement of its rights under the policy. Supplementary Contract shall not include (i) any retained asset account operated under the name ‘‘Heritage Account'' established in connection with the payment of benefits under an individual or group life insurance policy; (ii) any Living Needs Benefit to the extent that the policyholder or the group certificate holder has elected to receive a lump-sum distribution in full or partial settlement of their rights under the policy; or (iii) any payment of a matured annuity under an annuity contract.
Supplementary Contract refers to the respective supplementary contract(s) attached to this Policy.
Supplementary Contract means this agreement as signed by the Company.
Supplementary Contract means an optional insurance contract attached to the Policy and which provides additional insurance benefits.